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Crypto lawyer lashes out at SEC chairman for considering ETH security Recently, a crypto lawyer mocked US SEC Chairman Gary Gensler.
Today, crypto attorney John Deaton made mocking statements to U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. Deaton criticized the president, saying Gensler would even sue a seller of oranges if the seller sought additional investment funds from outside investors for his fruit business.
Specifically, the crypto attorney argued:
Per Gary Gensler of Howey’s claim, if an investor took possession of the oranges from his orange grove and struck a deal with a local grocer to get more money than all the other investors in Howey, the orange would still be a security.
Deaton commented when reacting to a tweet that the US SEC Chairman views the act of staking the Ethereum token as a security contract.
Worse still, when the grocer sold the
The post Crypto Lawyer Lashes SEC Chairman for Considering ETH Security appeared first on Coin Edition.
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